Supervisors push banks to rethink booking models

PRA and others are "sensitive to consolidation of booking", banks claim

The Bank of England
Bank of England - home of the PRA

Supervisors in some countries – including the UK's Prudential Regulation Authority (PRA) – are said to be pressing banks to reduce the amount of risk they book locally, prompting some to complain they are being pulled in different directions.

"There is a certain amount of ambiguity, because one of the pressures we've been under is to come up with a more simplistic business model, and we've been trying to do that," said Colin Church, chief risk officer for Europe, the Middle East and Africa at Ci

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